The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-11-03
INDIANAPOLIS MARKETS.
Good Trade In Progress, with . Steady,
Firm Tone to Prices.

INDIANAPOLIS. Nov. 2.
In all departments there is a good deal of &C.
tivity with tho coming in of November, and the
outlook is favorable to brisk months trade.
There is a strong tone to prices in most lines,
and few indications of any breaks Of importance.
Dry goods men report sales quite satisfac-
tory. and. Notwithstanding the dizziness which
broods over the wool market, goods of wool pro-
duction firm and steady in price.
Grocers are fairly busy; prices. in the main,
steady and unchanged. Coffees are again firm.
The current weakness was attributed to various
causes. the most reasonable of which was that
the N arket at Rio weaker under the lIqui-
dating of large firm of operators there and
consequent decline in the market But the de-
cline at Rio has resulted In heavy purchasing
for both Europe and America, and this has been
followed by stronger market there In
deed. the situation seems to have met with
decided change since Friday. Hard & Rand
cable to dealers that the market now looks very
firm. At Rio good dark coffees have advanced
220 reis. The Havre market is also stronger
and advanced. The position of stocks in Rio
coffee is as strong ever. The total receipts at
that point since the crop came in have been 567,-
QUO bags; same time last year, ,544, 600 bags.
The total stock now held at Rio amounts to 343.-
600 bags; same time last year, $50 900 bags. The
daily AVERAGE receipts at Rio for the week were
about 5000 bags. The demand for foreign gro
Gerry molasses has been of the usual quiet char
acter, and prices show no material change The
main feature of the tea market has been the ar
rival of two steamers in New York via the Suez
Canal. the Benlareg and Caymore, with about
1000, 900 pounds of Fomosas. Part of these
were sold TO arrive and balance is held at full
prices. Holders ara very strong in their views
on all the better grades of Oooi.s-s and some
advance is expected. Japans are quist
The market for raw sugar continues to rule in
favor OF sellers, and prices are firm and higher
than last week. Almost every days transactions
strengthen the position of holders, and they find
it no difficult task to maintain values. The
consumption is larger than during the CORE
spending period last year, and stocks are being
steadily reduced The better grades Of sugar
have found the greatest favor with buyers and
supplies of these are now reduced to small
figure The cheaper grades, which have not
been selling AS readily as other kinds, must soon
come into active request, owing to the scarcity
of the choicer qualities. The situation is an ex-
ceptionally strong one, and it looks as though it
would keep on improving for some time to come.
In the other markets there is nothing to
note. Produce of all kinds is moving we'll.
Apples and potatoes, this mild weather. are in
large supply, shipments being made to this mar
kes from all direction where crops were album
dant.
GRAIN.
The local wheat market continues in a strong
position, all grades in good demand The same
is of corn, and at the present time there are
apparently more buyers than sellers. Oats
steady and in good requess. Track bids to-day
ruled as follows.